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Caribbean Competitiveness through Global Value Chains (Paperback)
Loot Price: R1,118
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Caribbean Competitiveness through Global Value Chains (Paperback)
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The global value chain approach to development looks at trends and
lead firms in global industries juxtaposed to firm and industry
performance in local economies to identify strategies for value
creation and upgrading that increase prosperity and economic
growth. The movement to higher-value-added activities and services
improves competiveness with other socio-economic multiplier effects
such as employment creation, foreign direct investment, rural
development, human skills development, and economic growth and
resilience. These studies are meant to provide an understanding of
Caribbean firms and industries as they operate within the global
value chain. They explore the strategies adopted by selected firms
and industries to attain competitiveness in the context of global
markets, discuss the strategies of leading global firms and analyse
the local policy and institutional environment for business and how
value is created to identify areas where upgrading at the local
firm and industry level can take place to increase local value
capture either by firm, industry or country.
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